Spain's Prime Minister Mariano Rajoy, gestures during a press conference at the XXII Iberoamerican summit in the southern Spanish city of Cadiz, Saturday, Nov. 17, 2012. In an historic role reversal, recession-hit Spain and Portugal on Friday courted the Latin American leaders of their former colonies, countries that now enjoy some of the strongest economic growth in the world. Spain's King Juan Carlos opened the annual Iberoamerican summit, which brings together the heads of Spain and Portugal and the leaders of Latin America to discuss political issues and arrange business deals. (AP Photo/Miguel Angel Morenatti)

Associated Press
Spain's Prime Minister Mariano Rajoy, gestures during a press conference at the XXII Iberoamerican summit in the southern Spanish city of Cadiz, Saturday, Nov. 17, 2012. In an historic role reversal, recession-hit Spain and Portugal on Friday courted the Latin American leaders of their former colonies, countries that now enjoy some of the strongest economic growth in the world. Spain's King Juan Carlos opened the annual Iberoamerican summit, which brings together the heads of Spain and Portugal and the leaders of Latin America to discuss political issues and arrange business deals. (AP Photo/Miguel Angel Morenatti)
Spain's Prime Minister Mariano Rajoy, gestures during a press conference at the XXII Iberoamerican summit in the southern Spanish city of Cadiz, Saturday, Nov. 17, 2012. In an historic role reversal, recession-hit Spain and Portugal on Friday courted the Latin American leaders of their former colonies, countries that now enjoy some of the strongest economic growth in the world. Spain's King Juan Carlos opened the annual Iberoamerican summit, which brings together the heads of Spain and Portugal and the leaders of Latin America to discuss political issues and arrange business deals. (AP Photo/Miguel Angel Morenatti)
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